TORONTO, Oct. 31, 2016 /CNW/ - Callidus Capital Corporation (TSX:CBL), ("Callidus") will release its third quarter 2016 financial results on Thursday, November 3, 2016 after the close of markets.

Callidus will subsequently hold a conference call on Friday, November 4, 2016 at 8:00 a.m. Eastern Time. A question and answer session will follow the corporate update.

Conference Call Details

Date:

Friday, November 4, 2016

Time:

8:00 a.m. Eastern Time

Dial-in Numbers:

(647) 427-7450 or (888) 231-8191

Taped Replay:

(416) 849-0833 or (855) 859-2056 (available until November 11, 2016)

Reference Number:

93992304

In addition, Callidus Capital Corporation invites you to visit the Investor Relations section of its website at: www.calliduscapital.ca to sign-up for email alerts and conveniently download copies of news releases and other documents.

About Callidus Capital CorporationEstablished in 2003, Callidus Capital Corporation is a Canadian company that specializes in innovative and creative financing solutions for companies that are unable to obtain adequate financing from conventional lending institutions. Unlike conventional lending institutions who demand a long list of covenants and make credit decisions based on cash flow and projections, Callidus credit facilities have few, if any, covenants and are based on the value of the borrower's assets, its enterprise value and borrowing needs. Callidus employs a proprietary system of monitoring collateral and exercising control over the cash inflows and outflows of each borrower, enabling Callidus to very effectively manage risk of loss. Further information is available on our website, www.calliduscapital.ca.